Leaving: Other Insurance
From HPAlumnipedia
...Other Than Health (Medical, Dental, Vision)
From the HPAlumnipedia (www.hpalumnipedia.com) on Thursday, August 28, 2008 at 07:08 • Page last modified: 1/11/2008
HPAlumnipedia > Leaving: Other Insurance
For current discussions, go to: HPAA Transition Forum
Following are tidbits, in somewhat random order, related to life and other insurance coverage issues, while transitioning. There is a separate section of the HPAlumnipedia (Benefits) for post-transition insurance/benefits issues.
Alan Silverstein, Fall 2002:
As expected I received a statement from HP's GUL (Group Universal Life) carrier, billing me for continuation of my term life insurance. (Well it's really whole life with a small cash component if you don't voluntarily add more?) I called and discovered I could prepay, say for a year at a time, so that's what I did to avoid being billed monthly.
By the time the bill arrived I was already technically in arrears. Dunno what happens if you die before you make continuing payment. Since they seem slow to bill, you might want to deal with this proactively.
